Jared Isaacman

The banks just could care less about acceptance.

I mean, the example I used to give all the time is if you were 18 and

And you wanted a credit card in 1999.

You went on the internet, and in 60 seconds, you got an instant approval of credit cards in the mail.

But if you were a pizza shop in 1999, and you wanted to accept credit cards, the paperwork was like getting a commercial mortgage.

It was 60 pages, copies of your passport, everything was like, why is this so painful and complicated?

Because I was selling it.

I mean, this is what I was doing when I worked at that company, Merchant Services.

I had exposure for six months of trying to sell the service.

And I was like, it's pretty bad.

It wasn't their fault.

It was just the industry neglected it.

And now fintech is really hot.

And companies like Square and Stripe and everything have all broken barriers and innovated in their own rights.

But for the longest time, it was just a boring bank industry that no one gave a crap about.

I just think they thought I'd be less of a, like, again, an academic embarrassment if they put me on another track in life.

But they were very supportive.

Like, I would never, like, I would never permit this with my kids.

Like, this is, the path I went down was,

you know, 99 times out of a hundred ends bad.